Tag #Inflation

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cbsnews.com
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Gold Price Surges 42% in One Year, Reaching \$3,430.21

The price of gold has surged 42% year-over-year, reaching \$3,430.21 per ounce on July 23, 2024, driven by inflation and its role as a portfolio hedge, prompting investors to seek protection and profit.

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60% Bias Score

Reduced Inequality
theguardian.com
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RBA Holds Interest Rates Amid Inflation Concerns

The Reserve Bank of Australia (RBA) unexpectedly held its cash rate at 3.85% on July 8th, citing concerns that inflation is not falling as quickly as predicted, despite a current rate of 2.4%, and a desire to avoid high job losses, opting instead for a reduction in work hours across the population.

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40% Bias Score

Decent Work and Economic Growth
elpais.com
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Mexico's Inflation Slows to 3.55%, Returning to Target Range

Mexico's annual inflation rate eased to 3.55% in the first half of July, returning to the Bank of Mexico's target range, driven by lower agricultural and energy prices despite some significant price increases in specific goods and services.

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44% Bias Score

No Poverty
nbcnews.com
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US Home Sales Slow to Lowest Pace Since September as Prices Hit Record High

US existing home sales dropped 2.7% in June 2024 to 3.93 million units, the slowest pace since September 2023, due to high mortgage rates near 7% and a record median home price of $435,300; the number of homes for sale increased, yet remains below pre-pandemic levels.

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32% Bias Score

Reduced Inequality
cbsnews.com
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Silver's Price Surge Prompts Precious Metal Portfolio Reassessment

Silver prices have surged to over $38 per ounce, a more than 10-year high, prompting some gold investors to consider a switch due to gold's record-high price near $3,400 per ounce; however, experts suggest reassessing overall precious metal allocation instead of a complete switch.

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44% Bias Score

Reduced Inequality
forbes.com
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Synchrony's Improved Debt Numbers Mask Underlying Consumer Financial Vulnerability

Synchrony Financial's Q2 2025 results show a decrease in charge-off rates to 5.7% from a high of 6.4% earlier this year, despite 28% of its customers having FICO scores below 650, indicating a temporary stabilization in consumer debt but leaving many Americans vulnerable to future economic shocks.

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40% Bias Score

Reduced Inequality
npr.org
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Record High Home Prices and the Debate Over Interest Rates

High US home prices hit a record high in June 2023 as sales dropped to a nine-month low due to elevated mortgage rates and high listing prices; former President Trump blames Federal Reserve Chair Jerome Powell, while Robert Reich suggests that lowering interest rates may backfire, and that reducing ...

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44% Bias Score

Reduced Inequality
zeit.de
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Rising Concert Ticket Prices in Germany Due to Increased Costs

CTS Eventim CEO Klaus-Peter Schulenberg predicts rising concert ticket prices in Germany due to increased artist fees, venue costs, and post-pandemic personnel expenses, impacting consumer affordability.

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40% Bias Score

Reduced Inequality
t24.com.tr
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Turkey Cuts Interest Rates Amidst Lingering Political Uncertainty

The Central Bank of the Republic of Turkey (TCMB) cut its policy interest rate by 300 basis points to 43 percent on July 18th, 2025, the first cut since March 6th, 2025, amid ongoing market volatility linked to the March 19th operations targeting CHP municipalities, despite recent increases in forei...

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40% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Gold Price Outlook: Will it Hit \$3,500 by Month's End?

Gold prices are currently around \$3,300 per ounce, facing resistance at \$3,500; experts disagree on whether this level will be reached by month's end, citing central bank activity, geopolitical events, inflation, and the U.S. dollar as key factors.

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52% Bias Score

Reduced Inequality
mk.ru
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Russia's Q1 2025 GDP Slowdown: High Interest Rates Cripple Growth

Russia's GDP growth slowed to 1.4% year-on-year in Q1 2025 due to high interest rates (21%) restricting business access to financing, impacting industrial production (1.1% growth) and various sectors like metallurgy (-2.8%) and coal (export down 15%).

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56% Bias Score

Decent Work and Economic Growth
politico.eu
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ECB to Pause Rate Cuts Amid U.S.-EU Tariff Dispute

Facing rising U.S.-EU trade tensions and the threat of significant tariffs, the European Central Bank is expected to pause its interest rate cuts next Thursday, reflecting uncertainty about the economic impact of the trade dispute.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 409 to 420 of 2,763 results